Cause. “Cause” means only the following: # your indictment or conviction of, or a plea of nolo contendere to, # any felony (other than any felony arising out of negligence), or any misdemeanor involving moral turpitude with respect to the Company, or # your commission any crime or offense involving dishonesty with respect to the Company; # theft or embezzlement by you of Company property or commission of similar acts involving dishonesty or moral turpitude; # repeated material negligence in the performance of your duties after you have received written notice of the same; # your failure to devote substantially all of your working time and efforts during normal business hours to the Company’s business; # your knowing engagement in conduct that is materially injurious to the Company; or # your knowingly providing materially misleading information concerning the Company to the Company’s Board of Directors, any governmental body or regulatory agency or to any lender or other financing source or proposed financing source of the Company.
Cause. “Cause” meansFor purposes of this agreement, "Cause" shall mean only the following: # your(i) indictment or conviction of, or a plea of nolo contendere to, #(A) any felony (other than any felony arising out of negligence), or any misdemeanor involving moral turpitude with respect to the Company, or # your commission(B) any crime or offense involving dishonesty with respect to the Company; #(ii) theft or embezzlement by you of Company property or commission of similar acts involving dishonesty or moral turpitude; # repeatedturpitude: (iii) material negligence in the performance of your job duties after you have received written notice of the same; # yournotice; (iv) failure to devote substantially all of yourhis working time and efforts during normal business hours to the Company’Company's business; # yourof (v) knowing engagement in conduct thatwhich is materially injurious to the Company; or # your knowingly providing materially misleading information concerning the Company to the Company’s Board of Directors, any governmental body or regulatory agency or to any lender or other financing source or proposed financing source of the Company.
Cause.For purposes of this agreement, “Cause” meansshall mean only the following: # your(i) indictment or conviction of, or a plea of nolo contendere to, #(A) any felony (other than any felony arising out of negligence), or any misdemeanor involving moral turpitude with respect to the Company, or # your commission(B) any crime or offense involving dishonesty with respect to the Company; #(ii) theft or embezzlement by you of Company property or commission of similar acts involving dishonesty or moral turpitude; # repeated(iii) material negligence in the performance of your job duties after you have received written notice of the same; # yournotice; (iv) failure to devote substantially all of yourhis working time and efforts during normal business hours to the Company’s business; # youror (v) knowing engagement in conduct thatwhich is materially injurious to the Company; or # your knowingly providing materially misleading information concerning the Company to the Company’s Board of Directors, any governmental body or regulatory agency or to any lender or other financing source or proposed financing source of the Company.
Cause. “Cause”“Cause” means only the following: # your indictment or conviction of,for or a plea of nolo contendere to,to the commission of a felony under federal or state law, or # any felony (other thanact by you that, in the Corporation’s opinion, constitutes fraud, embezzlement, dishonesty, disclosure of confidential information, the willful and deliberate failure to perform your employment duties in any felony arising outmaterial respect, a conflict of negligence),interest, a violation of the non-competition obligations set forth in [Section 2(d)(i)] of this Agreement or any misdemeanor involving moral turpitudeother applicable non-competition, non-solicitation, or confidentiality agreement or obligation that you have with respectany member of the Corporation Group, a violation of any standards of conduct policies or other policies of the Corporation Group to which you are subject, or any other event that is inimical or contrary to the Company, or # your commission any crime or offense involving dishonesty with respect to the Company; # theft or embezzlement by you of Company property or commission of similar acts involving dishonesty or moral turpitude; # repeated material negligence in the performance of your duties after you have received written noticebest interests of the same; # your failure to devote substantially allCorporation Group. Any determination of your working time“Cause” shall be made by the Corporation in its sole discretion, and efforts during normal business hours to the Company’s business; # your knowing engagement in conduct that is materially injurious to the Company; or # your knowingly providing materially misleading information concerning the Company to the Company’s Board of Directors, any governmental body or regulatory agency or to any lender or other financing source or proposed financing source of the Company.its determination shall be final and binding.
Cause.Cause Definition. For purposes of this Agreement, “Cause” means onlyshall mean any of the following: # your indictment or conviction of, orconviction, including a plea of nolo contendere to, #guilty or no contest, of any felony (other than any felony arising out of negligence), or any misdemeanorcrime involving moral turpitude with respect toor dishonesty; # fraud upon the Company,Company (or an affiliate), embezzlement or misappropriation of corporate funds; # your commission any crime or offense involvingwillful acts of dishonesty with respectmaterially harmful to the Company; # theftactivities materially harmful to the Company’s reputation; # Employee’s willful misconduct, willful refusal to perform his duties, or embezzlement by yousubstantial willful disregard of his duties, provided that the Company property or commission of similar acts involving dishonesty or moral turpitude; # repeated material negligence in the performance of your duties after you have receivedfirst provides Employee with written notice of such conduct and thirty (30) days to cure such conduct, if such conduct is reasonably susceptible to cure; or # material breach of this Agreement, any other agreement with the same; # your failure to devote substantially allCompany, any policy of your working time and efforts during normal business hoursthe Company, or any statutory duty or common law duty of loyalty owed to the Company’s business; # your knowing engagement in conductCompany that is materially injuriouscauses material harm to the Company; provided, no act or # your knowingly providing materially misleading information concerningomission on Employee’s part shall be considered “willful” unless it is done by Employee without reasonable belief that the Company toEmployee’s action was in the Company’s Board of Directors, any governmental body or regulatory agency or to any lender or other financing source or proposed financing sourcebest interests of the Company.
Cause. “Cause”“ Cause” means onlytermination in whole or substantial part, for gross negligence or willful misconduct in the following: #execution of your indictment orduties, for conviction of, or entry of a plea of guilty or nolo contendere to, # any felony (other than any felony arising out of negligence), or any misdemeanoract of fraud, embezzlement, misappropriation, or a crime involving moral turpitude with respectturpitude, or for commission of any act which causes or may reasonably be expected to cause substantial damage to the Company, or # your commission any crime or offense involving dishonesty with respect to the Company; # theft or embezzlement by you of Company property or commission of similar acts involving dishonesty or moral turpitude; # repeated material negligence in the performance of your duties after you have received written notice of the same; # your failure to devote substantially all of your working time and efforts during normal business hours to the Company’s business; # your knowing engagement in conduct that is materially injurious to the Company; or # your knowingly providing materially misleading information concerning the Company to the Company’s Board of Directors, any governmental body or regulatory agency or to any lender or other financing source or proposed financing source of the Company.
Cause. “Cause”“Cause” means onlythe occurrence of any one or more of the following: # your indictment or conviction of, or a plea of nolo contendere to, # any felony (other than any felony arising out of negligence), or any misdemeanor involving moral turpitude with respect to the Company, or #(i) your commission of any crime or offense involving dishonesty with respect to the Company; # theft or embezzlement by you of Company property or commission of similar acts involvingfraud, dishonesty or moral turpitude; # repeated(ii) your attempted commission of or participation in a fraud or act of dishonesty against the Company that results in (or might have reasonably resulted in) material negligence inharm to the performance of your duties after you have received written noticebusiness of the same; #Company; (iii) your failure to devote substantially allintentional, material violation of your working timeany contract or agreement between you and efforts during normal business hours to the Company’s business; # your knowing engagement in conduct that is materially injuriousCompany or any statutory duty you owe to the Company; or #(iv) your knowingly providing materially misleading information concerningconduct that constitutes gross insubordination, incompetence or habitual neglect of duties and that results in (or might have reasonably resulted in) material harm to the business of the Company (except that in no event shall this provision be invoked where such alleged conduct relates to or arises from any physical impairment or disability); provided, however, that the action or conduct described in [clauses [(iii) and (iv) above]e]]e] will constitute “Cause” only if such action or conduct continues after the Company has provided you with written notice thereof and thirty (30) days to cure, or otherwise remedy to the Company’s Boardextent possible under direct control of Directors, any governmental body or regulatory agency or to any lender or other financing source or proposed financing sourceyou, the same. An occurrence of “Cause” as set forth in the Company.preceding sentence shall be based upon a good faith determination by the Company Board.
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